diff --git a/HISTORY.rst b/HISTORY.rst
index 4fb77402..d17355ec 100644
--- a/HISTORY.rst
+++ b/HISTORY.rst
@@ -1,6 +1,13 @@
 History
 -------
 
+0.8.6 (2011-12-18)
+++++++++++++++++++
+
+* Socket timeout fixes.
+* Proxy Authorization support.
+
+
 0.8.5 (2011-12-14)
 ++++++++++++++++++
 
diff --git a/requests/__init__.py b/requests/__init__.py
index 55f63706..ee3173e1 100644
--- a/requests/__init__.py
+++ b/requests/__init__.py
@@ -15,8 +15,8 @@ requests
 """
 
 __title__ = 'requests'
-__version__ = '0.8.5'
-__build__ = 0x000805
+__version__ = '0.8.6'
+__build__ = 0x000806
 __author__ = 'Kenneth Reitz'
 __license__ = 'ISC'
 __copyright__ = 'Copyright 2011 Kenneth Reitz'